01 PM: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
01 PM
Largest movements
- Cash +€55,486
up €55,486 (+160.1%), from €34,662 to €90,148
mainly Net result for the year (+€66,172) and Depreciation (+€2,861)
- Tangible fixed assets +€11,239
up €11,239 (+405.7%), from €2,770 to €14,009
of which Furniture and vehicles: +€8,425
- Profit (loss) carried forward +€66,172
up €66,172 (+227.5%), from €29,088 to €95,260
- Tax, wage and social debts -€3,680
down €3,680 (-22.2%), from €16,609 to €12,929
- Trade debts +€2,725
up €2,725 (+117.8%), from €2,313 to €5,038
- Gross operating margin +€49,562
up €49,562 (+132.2%), from €37,485 to €87,046
- Taxes +€9,730
up €9,730 (+120.9%), from €8,046 to €17,776
- Depreciation +€2,517
up €2,517 (+731.6%), from €344 to €2,861
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,873 | €117,873 | +€66,000 | +127.2% |
| Fixed assets | 21/28 | €2,770 | €14,009 | +€11,239 | +405.7% |
| Tangible fixed assets | 22/27 | €2,770 | €14,009 | +€11,239 | +405.7% |
| Plant, machinery and equipment | 23 | - | €2,814 | +€2,814 | |
| Furniture and vehicles | 24 | €2,770 | €11,195 | +€8,425 | +304.1% |
| Current assets | 29/58 | €49,103 | €103,864 | +€54,761 | +111.5% |
| Amounts receivable within one year | 40/41 | €13,786 | €13,060 | -€725 | -5.3% |
| Trade receivables | 40 | €13,786 | €13,060 | -€725 | -5.3% |
| Cash at bank and in hand | 54/58 | €34,662 | €90,148 | +€55,486 | +160.1% |
| Deferred charges and accrued income | 490/1 | €656 | €656 | = | 0.0% |
| Total equity and liabilities | 10/49 | €51,873 | €117,873 | +€66,000 | +127.2% |
| Equity | 10/15 | €32,088 | €98,260 | +€66,172 | +206.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,088 | €95,260 | +€66,172 | +227.5% |
| Amounts payable | 17/49 | €19,785 | €19,613 | -€172 | -0.9% |
| Amounts payable within one year | 42/48 | €19,785 | €19,613 | -€172 | -0.9% |
| Trade debts | 44 | €2,313 | €5,038 | +€2,725 | +117.8% |
| Suppliers | 440/4 | €2,313 | €5,038 | +€2,725 | +117.8% |
| Taxes, remuneration and social security | 45 | €16,609 | €12,929 | -€3,680 | -22.2% |
| Taxes | 450/3 | €16,609 | €12,929 | -€3,680 | -22.2% |
| Other amounts payable | 47/48 | €864 | €1,647 | +€783 | +90.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €344 | €2,861 | +€2,517 | +731.6% |
| Other operating charges | 640/8 | - | €187 | +€187 | |
| Gross operating margin | 9900 | €37,485 | €87,046 | +€49,562 | +132.2% |
| Operating profit (loss) | 9901 | €37,141 | €83,999 | +€46,858 | +126.2% |
| Financial income | 75/76B | €15 | €0 | -€15 | -99.7% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -99.7% |
| Financial charges | 65/66B | €23 | €51 | +€28 | +123.0% |
| Recurring financial charges | 65 | €23 | €51 | +€28 | +123.0% |
| Profit (loss) for the period before taxes | 9903 | €37,133 | €83,948 | +€46,815 | +126.1% |
| Income taxes | 67/77 | €8,046 | €17,776 | +€9,730 | +120.9% |
| Profit (loss) for the period | 9904 | €29,088 | €66,172 | +€37,085 | +127.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,088 | €66,172 | +€37,085 | +127.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.